The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Wednesday, March 25, 2015

The projected budget deficit facing the state’s community colleges and regional Connecticut State Universities is growing. The $38 million shortfall projected two weeks ago has grown to $48 million – a 4 percent structural deficit from what is needed to continue providing existing programs and staffing levels, school leaders said. “Our budget has gotten substantially worse,” Gregory Gray, president of the Connecticut State Colleges & Universities (CSCU) told the legislature’s budget-writing committee Monday. And that shortfall could easily grow.
http://ctmirror.org/2015/03/11/deficit-swells-at-connecticut-state-universities-community-colleges/